A Deconstruction of “Iceland's On-going Revolution”
Last night, ‘Shock Doctrine’ author Naomi Klein tweeted: “#Iceland is proving that it is possible to resist the Shock Doctrine, and refuse to pay for the bankers' crisis” with a link to an article called, “Iceland’s On-going Revolution,” by Deena Stryker.
This article is full of factual errors, so we tweeted back: “@NaomiAKlein We are fans of yours, but we are sad to say that your tweet and the article it cites are both dead wrong. #Iceland”
She replied: “@rvkgrapevine tell me and i'll correct”.
So here it is, a deconstruction of that error-ridden article, “Iceland’s On-going Revolution,” which is unfortunately making rounds in the Twitter-sphere.
In the first paragraph, the article states: “Americans may remember that at the start of the 2008 financial crisis, Iceland literally went bankrupt. The reasons were mentioned only in passing, and since then, this little-known member of the European Union fell back into oblivion.”
There are two errors there. One is obvious. Namely, Iceland is not a member of the European Union. The other one is perhaps less obvious, but it is nonetheless an important point. That is, Iceland did not go bankrupt. This factual error was heavily criticised in 2008 when Iceland’s banks collapsed and news spread that Iceland, the country, had gone bankrupt. This is as wrong today as it was then.
This article is full of factual errors, so we tweeted back: “@NaomiAKlein We are fans of yours, but we are sad to say that your tweet and the article it cites are both dead wrong. #Iceland”
She replied: “@rvkgrapevine tell me and i'll correct”.
So here it is, a deconstruction of that error-ridden article, “Iceland’s On-going Revolution,” which is unfortunately making rounds in the Twitter-sphere.
In the first paragraph, the article states: “Americans may remember that at the start of the 2008 financial crisis, Iceland literally went bankrupt. The reasons were mentioned only in passing, and since then, this little-known member of the European Union fell back into oblivion.”
There are two errors there. One is obvious. Namely, Iceland is not a member of the European Union. The other one is perhaps less obvious, but it is nonetheless an important point. That is, Iceland did not go bankrupt. This factual error was heavily criticised in 2008 when Iceland’s banks collapsed and news spread that Iceland, the country, had gone bankrupt. This is as wrong today as it was then.
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